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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: Intel Trader who wrote (4839)7/10/1998 10:08:00 AM
From: Peter Singleton  Read Replies (1) of 6136
 
one thing to add, even though the shorts may believe in their position, with 10m short shares and 30m shares outstanding, they have a very big incentive to find and disseminate information that would support their short position, since as IT says, if market sentiment changes on AGPH, covering such a big short position could be extremely costly.

btw, great post by V1.
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